VILLA

Palma Historic Centre Investment: Mansion Featuring a Typical Majorcan Courtyard

€ 3.430.000

This 16th-century town palace boasts gothic-baroque origins and features a typical Mallorcan courtyard, located in a prime spot within the historic center of Palma. The prestigious mansion retains original elements, including antique doors, beams, windows, and arches, as well as a Mudejar coffered paneling and its own well and cistern. Though requiring total renovation, recent renovations include new wooden beams, a new roof, and foundational work. As classified by the catalog for the protection of buildings and elements of historical artistic interest, the property is a gothic masterpiece.

Comprised of a 168m2 first floor, a 144m2 mezzanine, and a 148m2 basement, the palace has potential to be divided into five separate apartments, each with independent entrances. One apartment could include 168m2, while the remaining could possess 72m2 of space. The first floor boasts impressive 5m ceilings, and the penthouse is move-in ready.

The property resides in Palma's enchanting old town, known for its charming alleyways and Mediterranean flair. The area is home to many beautiful old town palaces, offering incredible patios, splendid sea views, and views over the roofs of Palma. A respected investment opportunity, Palma's old town boasts first-class infrastructure, an abundance of wonderful restaurants, and unparalleled shopping options.